Online Casinos in Latvia
Similarly to many countries in the Eastern bloc, there was no legal gambling in Latvia for 45 years, apart from the state lottery. But as soon as the country gained its independence, Latvia became one of the first countries to host a land-based casino. Online casino news sites in Latvia report that the first establishment of the kind was registered in the Summer of 1991.
However, the market was still unregulated, which led to an increase of illegal gambling facilities. Therefore, the Government started legalizing gambling by the mid-1990s so that it could fight money laundering. And as of August 2019, there are 5 brick and mortar casinos. It is possible to access online casino sites in Latvia.
|Are online casinos legal in Latvia?||Yes.|
|Are casino sites in Latvia trustworthy?||Yes.|
|Can I deposit via PaySafeCard/Luminor/Skrill?||Yes.|
|Do online casino sites accept EUR?||Yes.|
Online Casino Laws in Latvia
According to the Gambling and Lotteries Law, operators can apply for a license under specific requirements by the Lotteries and Gambling Supervision Inspections of Latvia (Izložu un azartspēļu uzraudzības inspekcija).
There are a few licensed operators already, though gamblers still seek alternatives within the international market, as they offer more games, as well as better online casino bonuses and online casino promotions. And despite the fact that the authorities actively block ISPs of gambling websites, there are still ways through which they can access offshore online casino sites.
Online Casino Payment Methods in Latvia
There are several payment methods available when depositing and withdrawing winnings. Of course, every money transaction must be fully transparent so that operators can keep running safe platforms. Accordingly, the credit and debit cards of VISA and MasterCard are usually accepted, but there are also alternatives that are as efficient. These include Skrill, Neteller, PayPal, PaySafeCard or Luminor. More information is available on the online casino reviews directory.
Online Casino Sites Accepting EUR
Gambling is a very popular activity in Latvia. And, despite the small population, the licensing system has allowed the establishment of a strong industry. As a result, gamblers can play in several online casino sites accepting EUR.